Org.nr 882 811 972 2007 → 2008 Year-over-year analysis

HAVILA SHIPPING ASA: årsregnskap 2008 vs 2007

A steady year on the published lines

approved 2009-03-18; registry 2009-06-15

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for HAVILA SHIPPING ASA. Revenue 10.13bn NOK → 10.17bn NOK (+0.4%). Net result +18 NOK → +18 NOK. Equity 232.38m NOK → 229.58m NOK.

On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for HAVILA SHIPPING ASA.

Scorecard

Revenue
10.13bn NOK 10.17bn NOK
+0.4%
Operating result
+2.38m NOK +4.93m NOK
+107.2%
Net result
+18 NOK +18 NOK
0.0%
Equity
232.38m NOK 229.58m NOK
-1.2%
Total assets
1.03bn NOK 737.49m NOK
-28.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.13bn NOK to 10.17bn NOK (+0.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.38m NOK → +4.93m NOK (op. margin 0.0% → 0.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.88× → 3.87×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 215.73m NOK → 225.39m NOK (+9.65m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 232.38m NOK → 229.58m NOK (equity ratio 22.5% → 31.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.12bn NOK → 11.15bn NOK (110% → 110% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 150.0k NOK → 156.2k NOK. Reported fact